Sirius XM, Strategy Analytics, Nexage – News briefs
By Staff reports
August 8, 2012
News and notes of the day
News briefs – Sirius XM rolls out mobile app to let subscribers access exclusive content; Mobile broadband tablet subscriptions to reach 172M by 2017: Strategy Analyics; Nexage increases Series B round financing to $15M.
Sirius XM rolls out mobile app to let subscribers access exclusive content
Sirius XM Radio has launched an iPhone, iPad and iPod touch application that lets its subscribers choose their favorite episodes from a catalog of more than 200 shows.
Through the mobile app, users can access recent shows, browse updated content, as well as feature content including interviews, pop-up channels and seasonal series.
Additionally, SiriusXM subscribers can also select On Demand shows for a period of time on their devices and listen to content when not connected to the Internet.
SiriusXM On Demand will also soon be available on compatible Android devices.
Mobile broadband tablet subscriptions to reach 172M by 2017: Strategy Analytics
Mobile broadband subscriptions on tablets are expected to grow 7-times in the next five years, according to Strategy Analytics.
According to the company, LTE is quickly becoming the access technology of choice, accounting for nearly 68 percent of mobile broadband tablet subscriptions by the end of 2017.
Average data traffic per subscription will grow substantially as use of video intensive services increases.
Additionally, mobile data traffic from tablets will surge to more than 2.7 million terrabytes in 2017, representing an 80.4 percent CAGR from 2012.
Nexage increases Series B round financing to $15M
Nexage has closed an additional $5 million in funding from Hearst Interactive Media.
The recent investment joins SingTel Innov8, Relay Ventures and GrandBanks Capital in Nexage's Series B round totaling $15 million.
According to the company, the funding will help Nexage drive the market forward and benefit from the extraordinary growth of mobile RTB.
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